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Cardano Ecosystem

Cexplorer

02/22/2024

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About The Ability To Adopt Technologies From Others

A modern blockchain allows tokens to be minted, has smart contracts, several L2s, scales well (sharding), has a privacy solution, etc.

About The Ability To Adopt Technologies From Others

A modern blockchain allows tokens to be minted, has smart contracts, several L2s, scales well (sharding), has a privacy solution, etc. It is often about multiple interconnected chains in one ecosystem. 

The crypto industry is entering a phase where the ability to implement existing technologies best becomes important. Teams need to think about security, efficiency, and user experience. Bitcoin has a BRC-20 token standard, the community is talking about stablecoins and DEXes, the first ZK rollup through BitVM was recently introduced, etc. 

Bitcoin is catching up and adopting existing technologies from other projects. How is Cardano doing in this regard? This is somewhat similar to Apple's strategy. Cardano is never first to market, but when it comes up with something new, the design is well Read article: About The Ability To Adopt Technologies From Others

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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